A lot of his commentary is centered around the 2017/2018 “Bubble” he talks some sense really and its interesting to hear his views in relation to what happened then.
that's the dangerous thing about FUD (the good working FUD not the thing newbies do). not all of what they is a lie, that would be too obvious and they won't get an audience if they do that. instead what they do is that they always throw in some facts, some interesting statements, etc and that way they get the audience hooked thinking he is right then they continue with their actual FUD and convince the audience that the lie is also correct like the previous statements. The critics historically get plenty of airtime because they sound interesting and sound like they know what they are talking about. The interesting bits are the Facts which they quote and they sound knowledgeable Facts interwoven with Criminality and FUD |
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-snip-
Not just Bitcoin, but Dogecoin as well. I sold all of my DOGE last 2017 (I don’t know if the DOGE in my other “old” account is still there (gotta find my details in the email, but I don’t think there’s a lot if it). I don’t know if he is just trolling or what, but no matter what, he still “advertised” Bitcoin and creates a lot of exposure to his followers. So yeah, still a good thing though. This kind of advertisement is great for Bitcoin, Dogecoin and the rest of the cryptocurrencies. Nice move Elon  If it is trolling, its only a matter of time anyway before he enteres the Bitcoin space. "In retrospect, It was inevitable" Dogecoin is just a "Pump and Dump" coin, it has no useage. 30 days ago is was less that $0.001c it pumped to over $0.05c. |
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it's funny how they feel it is ok when they do it but suddenly feels other people are exploiting the field they have been exploiting for a long time and they feel the need that it needs to be stopped when they aren't the one doing it.
yes, when they loose control. They are parasites, in the case of Gamestop where they see a weakness and manipulate it with their underhand "legal" market plays. They want to drive the price down, devalue the stock then buy it back and at the same time a company who is being preyed upon cannot raise capital to invest and keep itself viable. More power to the reddit groups who are also focusing on Nokia and Blackberry. |
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Just because someone places hashtag on his twitter account doesn't make people go and buy bitcoin.
Sure. But everything happened literally at the same time, within a few minutes. Could be totally a coincidence, but what are the chances? I even added a chart from Google Trends. Were those whales searching for "bitcoin" then? Do you know how long it takes someone to sign up on an exchange, go through their KYC process to verify their account, make money transfer from their bank account to that bitcoin exchange, wait a long time until it reaches the exchange and is credited in their account and then eventually after jumping through all the hoops they can buy bitcoin? Elon Musk isnt going to sit behind his computer setting buy orders, and he isnt going to buy a $100 hardware wallet to store his Bitcoin. He is either going to contact Coinbase directly and tell them he has X amount of $'s and wants to buy BItcoin or has the likes of Gemini or Fidelity to custody it. |
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eh no!
Ethereum is an important project among a very few others but it wont top Bitcoin.
This has been talked about for years but it wont happen.
We are moving into a changing phase if Crypto, its COVID-19 related, Financial stimulus,
quantatitive easing, money printing. This is diverting investors away from FIAT based
investments into Bitcoin and to a very small degree Ethereum.
The focus is on Bitcoin
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-snip- The most relevant passage: I believe Bitcoin is one hell of an invention. To have invented a new type of money via a system that is programmed into a computer and that has worked for around 10 years and is rapidly gaining popularity as both a type of money and a storehold of wealth is an amazing accomplishment. That, like creating the existing credit-based monetary system, is of course a type of alchemy—i.e., making money out of little or nothing. It, like the making of credit that made bankers rich starting with the Medicis around 1350, is making its inventors and those who got in on it early very rich and has the potential to make many more people very rich and to disrupt the existing monetary system. Those who have built it and supported the dream of making this new kind of money a reality have done a fabulous job of sustaining that dream and moving Bitcoin (by which I mean it and its analogous competitors) into being an alternative gold-like asset.
He says all the right things in this excerpt and this is pretty much what Michael Saylor has been banging on about for a few months now. "storehold of wealth" "gold-like asset" So many investors are talking about it and some are being vocal about it like Dalio While we generally might not like a lot of these Wall Street types entering the Bitcoin space and how they are bringing more scrutiny on Bitcoin from regulators they are satisfying the expectations which many have to see further adoption and an increase in value |
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They are still at it, and will continue to catch people out. It is very helpful to post this and make as many people aware of such scams. Unfortunately though I'm sure people have fallen already to this scam. Simple things can do done by everyone before clicking links Double check the name I.E Trezor and address I.E Trezor.io Verify from the official website Always be sceptical Every time you want to open your wallet treat it like someone is watching you and wants to scam you I posted something similar back in 2019, I came across a fake AD on a Google search. You can see the FAKE AD was listed on top of the OFFICIAL Trezor search result, the address was just slightly different, they had tr Iezor  |
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$8.45 it cost me to mail a small Flat Rate Priority Mail box. It was $8.30 just a few days ago. Crazy.
2%? and you call this crazy?  -snip- But its going to be 2% of everything we buy not just the stamp! and 2% is only the start of it. I'm seeing it in Europe as well. Things are going wild in a quite short timespan. Food and services are becoming more expensive, and I expect it to happen everywhere...
I've been calling this ever since the pandemic began and they started artificially inflating and stimulating the economy. You can keep doing that, but not forever! And once they stop doing that, things will blow up.. All those trillions will hurt within months, years at most..
I have a friend in the print business and he is seeing it with some of the work he is being asked to do -Print new pricelists with inflated prices- It is definitely happening its only small now but as the printing continues so to will the prices increase. |
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Dr.Doom - Nouriel Roubini Dr.Doom is actually a nickname for a number of BEARS over the years, There is a list of them here on this ARTICLEbut for this thread its all about BItcoin so I’m posting about Nouriel Roubini. Nouriel Roubini is somebody which has evaded my attention until I started writing an article on Jamie Dimon. The Name Dr.Doom came up and I was intrigued. Nouriel Roubini is an American Economist who is known for his gloomy economic warnings and has been a staunch critic of Bitcoin over the years, so like my threads on Warren Butffet and Jamie Dimon I would like to list his Bitcoin related statements which unlike JD have not softened over the years until November of last year where he seems to acknowledge some understanding of Bitcoin, but I suppose his nickname is there for a reason. A lot of his commentary is centered around the 2017/2018 “Bubble” he talks some sense really and its interesting to hear his views in relation to what happened then. like all critics of Bitcoin the decentralized nature of it grates against their traditional FIAT economic view. Criminality again is mentioned in his statements a lot, it’s the same line we are hearing already this year from government financiers and is their go to argument for regulation. 2018 February 2nd – Biggest Bubble in History“We can’t allow it to become the next Swiss bank account for use by criminals and people evading tax.” 2018 October 11th – Bitcoin is the ‘mother of all scams’Bitcoin is the ‘mother of all scams’ and blockchain is the most hyped tech ever 2019 April 11th – Most crypto people are totally cluelessThey want to reinvent everything about money, but most of them are absolutely totally clueless. The ratio between arrogant and ignorant is astounding – I have never seen such a gap in my life. These are fanatics. Some of them, like criminals, zealots, scammers, carnival barkers, insiders who are just talking their book 24/7. 2020 March 9th – So BTC is a shitty shitcoin hedge in risk-off cases2020 November 13th – Crypto’s Fiercest Critic—Has Admitted Bitcoin Could Be A ‘Store Of Value’"[Bitcoin is] maybe a partial store of value, because, unlike thousands of other what I call shitcoins, it cannot be so easily debased because there is at least an algorithm that decides how much the supply of bitcoin raises over time…” 2020 December 24th – Bitcoin's 'hyperbolic bubble is going to go bust'“First of all, calling it a currency — it’s not a currency. It’s not a unit of account, it’s not a means of payment.…it’s not a stable store of value. Secondly, it’s not even an asset,” “While in the case of Bitcoin, there is no income, There is no use. There is no utility. The only thing is a speculative, self-fulfilling kind of rise, and that rise is driven totally by manipulation.” “The price of Bitcoin is totally manipulated by a bunch of people, by a bunch of whales. It doesn’t have any fundamental value,” “We’re close to the point where the hyperbolic bubble is going to go bust.” |
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Makes total sense, Obviously Crypto mining creates a lot of heat from the hardware, Keeping that hardware running at optimum temperatures [cooler] consumes more energy and increases the cost of mining. A cooler climate link inside the arctic circle and 9 months of winter will of course reduce the cost of cooling a Mining facility, possibly even eliminate it. And then to top it off a 25% reduction in the electricity prices.  |
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Yea so Bitcoins Market cap is shy of $600 Billion, it would need to X3 to exceed $2 trillion, according to the likes of Michael Saylor this shouldnt be a problem even if some of the Gold investors migrate even partially to Bitcoin, not even considering other FIAT based assets which he predicts should move to Bitcoin also. Regulation will play a role in this. For traditional investors moving into what many of their counterparts consider a risky asset, they will want some sort of guideline from governments that they are playing by the rules. Regulatory clarity will accelerate the adoption of Bitcoin by corporations and institutional investors. |
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Bitcoinica was indeed way back in the day, they were hacked twice back in 2012 and entered into liquidation. There doesnt seem to be any news or updates in relation to Bitcoinica Here is a thread on the forum from 2012 [ANN] Bitcoinica Consultancy abandons customers. Bitcoinica to enter LiquidationThere is a high probability that its scammers who are contacting you at this stage, especially if it a number of different people claiming the same thing. |
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but Blockfi only offer collateral backed loans at a 50 loan to value rate.
You want to borrow 1BTC, you will have to deposit 2BTC
I understand they have introduced centralised services into a realm which was
designed to be decentralised and that Bitcoin offers everyone the possibility
to be independent.
There are definitely risks.
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Apologize for the delays, I'll be processing all payments within <24-48 hours max.
With a bonus
Thank you in advance lightlord. For me the delay is not a problem, no doubt that you wouldnt make the payments on such a long running campaign. |
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Its more than a shop offering goods for payment in Bitcoin, its about creating a new
ecosystem where people can earn Bitcoin so they can Hodl it and spend it.
Maybe this will happen over time where people have the opportunities to offer goods
and services in return for Bitcoin payment so they in turn can buy goods and services.
FIAT becomes redundant and people control their own finances.
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If you create an account on the Cryptopia.zendesk account you can raise a ticket there. I can confirm that the liquidators are very responsive and have directed me to the zendesk account also where I am getting some help with verifing ownership of my Cryptopia account. |
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Can I raise some BTC in a year? I´ve been thinking a lot about this and I decided to try it  Today is my birthday and i decided for some birthday challenge. Lets see if I can raise some BTC BTC in one year (from 26/1/2021 to 26/1/2022). Current balance = 0 BTC You see OP, your post would have read so much better if it had left out the last 3 lines. I thought you would go on to mention that you were going to work hard and accumulate some BTC and also maybe try to directly earn BTC with some more hard work. Be proactive, positive and hard working, with those traits comes reward |
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Scammers will always try anything and everything to relieve people of their property.
We have seen through the years big names in governments and finance taking shots at Bitcoin
and to balance their negative comments there have been celebrities who speak only positively
about Bitcoin, but through the positivity and negativity we have seen Bitcoin grow... and will continue to do so
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Of course, that's just a coincidence, and there is no point in betting on the same number/numbers all the time. But, on the other hand, there's no point in changing the numbers either. Your probability of winning is always the same, so why not stick with the same numbers? Nowadays, the winning numbers are picked by a computerized system, which makes sure that there is no bias with any of the combinations. So it is just pure luck and coincidence. Sticking with the same number or not is not going to change your luck. So rather than spending your valuable time in researching about the winning numbers, I would advise you to do your research on the odds of winning the jackpot. It will be different for different draws of the same lottery (based on rollovers and number of tickets sold). Well, not all numbers are drawn an equal amount of times. I have learned this from statistics from the Lotto of Ireland! I'm sure there are players who devise their own plays and number combinations based on statistics. I used to do pick the same numbers every week but for the last 10 years I play a computerised pick, I let the computer pick the numbers for me. I have checked the 6 numbers I used to play over the last 10 years and they have never been picked in the Jackpot. The most I would have won over 10 years is €4 so i can deduce that the 6 numbers were not a popular combination. I also picked 6 random numbers over the space of 5 seconds and with those numbers I could have won €7 over 10 years. Because of the combinations it really does come down to Luck, I wonder by how much the odds change by studying the number drawn frequency? |
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As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
Anyone who mines Bitcoin in a serious way (mining farms) has to pay their bills, primarily for electricity, but also for the repair and purchase of new devices, taxes and everything else. The miners don't have too much space here, they have to constantly sell to cover those costs - but that's certainly not the reason why the price is only around $30 000+, because with 900 BTC per day, which is the maximum, only 27 000 BTC is mined every month. The market is in much higher demand, although this may not be the case at the moment - but the institutional players have calmed down just a bit, they may be waiting for a better price. Nothing will change radically in the SEC, people change, but the views of that commission remain more or less the same - they work according to the rules of the profession, not according to their personal views. Even though we dont like regulation, institutional investors will like it because it gives them clarity and also that there wont be any punishment or penalties. Regarding the 900 supply of Bitcoin daily, I have heard that some miners are selling direct to investors like Square for example but I cannot confirm that. Just a heads up that the full supply may not even enter the market daily. |
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